WAVERLEY, SPOOK HILL, NORTH HOLMWOOD, DORKING, RH5 4EG - £620,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

WAVERLEY is a very small extended detached house of 104m², built sometime between 1930 and 1949. It was last sold for £620,000 in September 2019, which was around 22% below the average September 2019 detached price in the Mole Valley local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

WAVERLEY Sold Prices

Land registry data shows two sales for WAVERLEY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mole Valley local authority area for the corresponding sale date. Both of the two WAVERLEY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 27 SEP	£620,000	£792,108	22% below HPI
2016 15 DEC	£562,500	£813,341	31% below HPI

WAVERLEY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mole Valley local authority area over time, sourced from the HPI. The two WAVERLEY sales from December 2016 and September 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2019 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is WAVERLEY?

WAVERLEY is 104m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Dorking, based on EPC data. The below chart shows the distribution of detached houses by size in Dorking, and where WAVERLEY lies on this distribution: 18% of detached houses are smaller than WAVERLEY, and 81% of houses are larger. Note that EPC data is not available for all properties in Dorking.

WAVERLEY: Plot and Title Map

WAVERLEY sits on a plot of roughly 0.227 of an acre, or 918m². The below map shows the location of WAVERLEY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of WAVERLEY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is WAVERLEY?

WAVERLEY is located on SPOOK HILL in NORTH HOLMWOOD, in the RH5 postcode district. The below map shows the position of WAVERLEY on SPOOK HILL.